As Elizabeth Warren’s entry into the race for the nomination for U.S. senator begins to drain the pool of other Democratic contenders, a North Brookfield businessman has stepped forward to run as an independent.

Bill Cimbrelo is proposing a 36-month moratorium on foreclosures on owner-occupied homes. “By stopping foreclosures,” Cimbrelo declared in a press statement, “we immediately put a halt to the downward pressure on home prices.” That, he writes, would reduce excess inventories and increase demand, benefiting the home construction industry and reducing the number of abandoned homes while increasing municipal and state revenues.